Location: St. Clair County, MO | Metro: Polk County, MO HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $157,193 | 0.61% | D |
| 3BR | $1,320 | $221,274 | 0.6% | F |
U.S. Census Bureau data (2024)
In ZIP code 65674 in Humansville, MO, the potential risks for a first-time Section 8 landlord are significant. Tenant turnover is likely to be higher due to the market rent being $642 compared to the Fair Market Rent (FMR) of $800 for fiscal year 2024. This disparity can lead to tenants seeking better rental deals, increasing the likelihood of frequent turnovers. Additionally, vacancy exposure is a concern as the days on market (DOM) for rental properties is currently not available, indicating potential volatility in the local rental market. The deferred maintenance risk is also considerable, given the typical home value of $233,312 and the median household income of $47,500. Landlords may face challenges in maintaining properties to meet the standards required by the Section 8 program without adequate financial support from tenants.
Despite these risks, there are factors that mitigate them. The renter share of the population in this area stands at 30.5%, which is relatively high. A higher proportion of renters often translates into greater demand for housing vouchers, potentially stabilizing the occupancy rate and ensuring a steady stream of qualified tenants. However, it is crucial for landlords to understand that the demand for Section 8 vouchers does not guarantee an immediate match between tenants and properties, as the process can be lengthy and competitive.
The verdict for ZIP 65674 in Humansville, MO, is moderate risk. While there are notable risks associated with tenant turnover, vacancy exposure, and deferred maintenance, the high renter share provides a counterbalance by suggesting a robust demand for subsidized housing. First-time landlords should proceed with caution, carefully managing their properties and understanding the intricacies of the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.